verb
- past tense and past participle of reprivatize; transferred (a business, industry, or service) from public to private ownership or control again
Usage: economics; politics
Examples
- The government reprivatized the airline industry after years of state control.
- Several utilities were reprivatized following the change in administration.
- The company was reprivatized through a public stock offering.
- Critics argued that the reprivatized services became less accessible to low-income families.
- The railway system was reprivatized to improve efficiency and reduce costs.
- After the economic crisis, many previously nationalized banks were reprivatized.